Question: QUESTION 13 How many months will it take to pay off a credit card debt of $4,000 by paying $250 per month at an annual

QUESTION 13 How many months will it take to pay off

QUESTION 13 How many months will it take to pay off a credit card debt of $4,000 by paying $250 per month at an annual interest rate of 2%? O A. 15.1 B. 16.2 C. 17.8 OD. 12.7 QUESTION 14 Assume your child will enter college in 10 years. The total cost of a college education is estimated to be $60,000 at that time. You have $10,000 to invest today. What is the rate of interest that you must earn on your investment to cover the cost of your child's education? O A. 17.21% B. 13.55% C. 19.62% OD. 25.52%

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